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Go With The Flow Limited

06353901

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

8 BLACKSTOCK MEWS, LONDON, N4 2BT
Incorporated 28/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Michael Daniel Shanks

secretary · Since 28/08/2007

BRITISH · Age 52

Also on 1 other board

James Andrew Shanks

director · Since 28/08/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Michael Daniel Shanks

director · Since 28/08/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Michael Daniel Shanks

50–75% shares
50–75% votes
Appoint directors

British · England · Age 52

122a, Culford Road, London, N1 4HU

Notified 06/04/2016

James Andrew Shanks

25–50% shares
25–50% votes

British · England · Age 48

15, Cavendish Road, London, E4 9NQ

Notified 18/10/2017

CompanyRankvs 16899+ SIC 43220 peers
53

Financial strength13th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£758

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£77k

Current Liabilities

£59k

Fixed Assets

£21k

Debtors

£57k

2avg. employees

Balance Sheet

Assets less current liabilities£39k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.31
20231.08-£28k
20221.76-£16k
20211.81-£17k
20202.49-£6k
20192.41+£9k
20182.77

Derived from filed accounts. Not audited figures.